60SecondAdventuresinEconomicsNumberone:TheInvisibleHandAneconomyisatrickythingtocontrol,-petewithoneanother,es“asifbyaninvisiblehand”.Ifsomeonechargeslessthanyou,customerswillbuyfromtheminstead,asyouhavetolowertheprice,,theywillbesuppliedbythemarketlikespoiltchildren--onlyinthiscase,-marketeerslikeAustrianeconomistFriedrichHayek,arguedthatthis“handsoff”,economiescantakealongtimetoreachtheir“equilibrium”,,:TheParadoxofThriftMuchlikeachildgettinghispocketmoney,oneofthebiggesteconomicquestionsisstillwhetherit’-marketeerslikeHayekandMiltonFriedmansaythat,evenindifficulttimes,it’,innewplants,,wageswilldrop,--“live-fast-die-young”kindofchapcalledJohnMaynardKeynescheerfullypointedoutthat“inthelongrunwe’realldead”.So,t
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